Economic growth, environmental protection, and social positive force constitute CSC's callings to sustainable development. In order to continuously enhance sustainable operation and management at the company, fulfill its commitment to sustainable development, and meet the expectations of its stakeholders, CSC has formulated its environmental, social, and governance (hereinafter referred to as ESG) goals for 2024 to 2031 aimed at contributing to environmental, social, and governance/economic aspects with concrete actions.
Stakeholders' opinions are collected through various channels each year, and ESG goals of CSC are adjusted in coordination with operation and development strategies in a timely manner.
Issue | Targets in 2024 | CSC's Achievements | Short-term (2025) | Mid-term (2026~2030) | Long term(2031~) |
---|---|---|---|---|---|
GHG Management (Scope 1+2) | Reduce carbon emissions by 6% or cumulative reduction of 1.326 million tonnes CO2e. | Achieved | Reduce carbon emissions by 7% or cumulative reduction of 1.547 million tonnes CO2e. | Target in 2030:
|
|
Note: Based year 2018. | Note: Based year 2018. | Note: Based year 2018. | |||
Air Pollution |
|
Achieved |
|
Target in 2030:
|
Develop CSC's long-term goals based on "Air Pollution Control Act" approved by the government. |
Note: Accumulated pollutants reduction per year (since 2020). | Note: Accumulated pollutants reduction per year (since 2020). | Note: Accumulated pollutants reduction per year (since 2020). | Note: Accumulated pollutants reduction per year (since 2020). | ||
Water Resource | Plan the introduction of (alternative sources of) reclaimed water from Hefa industrial parks, and reduce new water consumption by 54.4%. | Achieved | Continue the stable introduction of reclaimed water from Fengshan River (including the alternative of Hefa Industrial Park) and Linhai reclaimed water, and reduce new water consumption by 57.0%. |
Target in 2027:
|
Target in 2031:
|
Note: Based on a water consumption of 130,000 cubic meters per day in 2017 when reclaimed water was yet to be introduced. | Note: Based on a water consumption of 130,000 cubic meters per day in 2017 when reclaimed water was yet to be introduced. | Note: Based on a water consumption of 130,000 cubic meters per day in 2017 when reclaimed water was yet to be introduced. | Note: Based on a water consumption of 130,000 cubic meters per day in 2017 when reclaimed water was yet to be introduced. | ||
Energy Management | 2015-2024 annual average power saving rate > 1%. | Achieved | 2015-2025 annual average power saving rate >1.05%. |
Target in 2030:
|
Target in 2032:
|
Circular Economy and Coproduction between Steel and Petrochemical Plants | Develop power saving technology for coproduction between steel and petrochemical plants with power saving reach 10%. | Achieved | Select an alternative PSA-CO2 adsorber with CO2/N2 adsorption selectivity greater than 10. |
Target in 2029:
|
Target in 2040:
|
Resource Circulation Management |
|
Achieved |
|
|
|
Issue | Targets in 2024 | CSC's Achievements | Short-term (2025) | Mid-term (2026~2030) | Long term(2031~) |
---|---|---|---|---|---|
Talent Development |
|
Achieved |
|
Target in 2030:
|
Target in 2031:
|
Talent Retention |
|
Some targets have been achieved, while the failure to meet other is due to the retirement of existing personnel. |
|
Target in 2027:
Target in 2028:
|
Target in 2034:
|
Employee Care |
|
Some targets have been achieved, while the failure to meet other is due to cost reduction. |
|
Target in 2030:
|
Target in 2031:
|
Diversity | NA | NA | Proportion of female employees ≧3.6%. | Target in 2030: Proportion of female employees ≧4.1%. |
Target in 2031: Proportion of female employees ≧4.1%. |
Note: The newly added ESG targets will start in 2025. | Note: The newly added ESG targets will start in 2025. | ||||
Social Participation |
|
Achieved |
|
Target in 2030:
|
Target in 2031:
|
Occupational Safety |
|
A target has been achieved, while the failure to meet others is due to major occupational accidents involving contractors and the contractor disabling injury frequency rate (FR) exceeding the threshold in 2024. |
|
Target in 2026:
|
Target in 2031:
|
Issue | Targets in 2024 | CSC's Achievements |
Short-term (2025) | Mid-term (2026~2030) | Long term(2031~) |
---|---|---|---|---|---|
Operational Finance | Sales of Advanced Premium Steel reaches 9.5%. | Achieved | Sales of Advanced Premium Steel reaches 11.8%. |
Target in 2030:
|
Target in 2034:
|
Corporate Governance |
|
Achieved |
|
Target in 2026:
|
Target in 2031:
|
Business Integrity |
|
Achieved |
|
Target in 2030:
|
Annual goals starting from 2031:
|
Information Security |
|
Achieved |
|
Target in 2030:
|
Target in 2031:
|
Smart Production Lines | Complete the development of 18 smart manufacturing production lines (9 lines each in 2023 and 2024). | Achieved | NA | NA | NA |
Note: Starting from 2025, the ESG topic will be revised to Smart Manufacturing. | Note: Starting from 2025, the ESG topic will be revised to Smart Manufacturing. | Note: Starting from 2025, the ESG topic will be revised to Smart Manufacturing. | |||
Smart Manufacturing | NA | NA | Complete 22 smart manufacturing projects. |
Target in 2030:
|
Annual goals starting from 2031: Complete 15 smart manufacturing projects. |
Note: Starting from 2025, the ESG topic will be revised to Smart Manufacturing. | Note: Starting from 2025, the ESG topic will be revised to Smart Manufacturing. |